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77-75 Center Avenue 75 77Bay Shore, NY 11706

For Sale

$1,800,000

Smart Buyer Rebate $18,000

**Welcome to Your Investment Opportunity: Multifamily Home for Sale!**

Discover a fantastic investment in this well-maintained multifamily residence, featuring Four spacious apartments, each boasting three bedrooms and one bath. The property includes a full basement, offering additional storage and utility space for tenants.

The current layout allows for comfortable living, with each unit featuring generous living areas, well-appointed kitchens, and three bedrooms ideal for families or groups. Tenants are responsible for their own gas and electricity, ensuring a straightforward management experience.

This property also comes with detached garages, providing convenient parking and additional rental potential, as they are metered separately. With a current yearly cash flow of $141,031 and a capitalization rate of 7.5%, this is an excellent opportunity for both seasoned investors and those looking to enter the rental market.

Don’t miss out on the chance to own a stable and profitable asset

Listed by Tara J. Wright

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Howard Hanna Coach

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631-581-7979

Listed by Eileen Familia

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Howard Hanna Coach

Last updated August 20, 2025

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Source: OneKey #899184

Listing Facts

  • TypeMulti-family
  • NeighborhoodBay Shore
  • Bathrooms1
  • Days on Prevu26
  • Taxes$22,243/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

08/20/2025
Price Decreased
$1,800,000
08/11/2025
Listed by Howard Hanna Coach
$2,200,000

Property Details for 77-75 Center Avenue 75 77

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1950
  • Construction Materials: Brick

Measurements

  • Building Area Total: 990
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.34
  • Lot Size Square Feet: 14,810

Financial

Taxes

  • Parcel Number: 0500-366-00-03-00-001-000
  • Tax Annual Amount: $22,243.00
  • Tax Assessed Value: $55,500.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 16

Schools

Elementary School

  • Elementary School District: Bay Shore

Utilities

Equipment

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.